SIMARFI CONSULTING
InactiveSignals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 09-07-2018, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout annulled
Financials · fiscal year 2017, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,027▼ 11.7%
2016 · -€1,815
Working capital
-€30,300▲ 70.2%
2016 · -€101,543
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result€26,620-€29,331▲ 10.2%€9,479▼ 67.7%€9,781▲ 3.2%€4,545▼ 53.5%
Net result€9,476--€21,153€785-€1,815-€2,027▼ 11.7%
Equity€43,343-€22,190▼ 48.8%€22,975▲ 3.5%€21,160▼ 7.9%€19,132▼ 9.6%
Total assets€529,482-€364,345▼ 31.2%€288,757▼ 20.7%€265,885▼ 7.9%€225,640▼ 15.1%
Debt€486,139-€342,155▼ 29.6%€265,782▼ 22.3%€244,726▼ 7.9%€206,507▼ 15.6%
Working capital€4,798-€24,317▲ 407%€42,459▲ 74.6%-€101,543-€30,300▲ 70.2%
Staff (FTE)6.6-5.3▼ 19.7%4▼ 24.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2017; 2017 is 54% below 2016 and is the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €225,640
Fixed assets
€76,761 ▼ 41.3%
Current assets
€148,879 ▲ 10.2%
Equity and liabilities €225,640
Equity
€19,132 ▼ 9.6%
Debt
€206,507 ▼ 15.6%
Debt's share of the balance-sheet total falls from 92.0% to 91.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15,729▲
2016 · €15,516
Cash flow
€9,156▲
2016 · €3,920
Current ratio
0.83▲
2016 · 0.57
Debt to equity
1.03▲
2016 · 0.37
ROE
-10.6%▼
2016 · -8.6%
ROA
-0.9%▼
2016 · -0.7%
Debt ≤ 1 year
€179,178▼
2016 · €236,660
Debt > 1 year
€19,658▲
2016 · €7,879
Income taxes
€2,694▼
2016 · €4,586
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82,174 | €76,655 | €52,780 | €5,736 | €11,184 | ▲ 95.0% |
| Gross operating margin9900 | €385,514 | €312,359 | €269,936 | €112,090 | €139,514 | ▲ 24.5% |
| Operating profit (loss)9901 | €26,620 | €29,331 | €9,479 | €9,781 | €4,545 | ▼ 53.5% |
| Recurring financial income75 | €4,933 | €9,250 | €7,925 | €2,272 | €2,728 | ▲ 20.1% |
| Recurring financial charges65 | €20,057 | €14,680 | €11,421 | €9,282 | €6,607 | ▼ 28.8% |
| Profit (loss) for the period before taxes9903 | €11,327 | -€20,893 | €2,929 | €2,771 | €666 | ▼ 76.0% |
| Income taxes67/77 | €1,850 | €260 | €2,144 | €4,586 | €2,694 | ▼ 41.3% |
| Profit (loss) for the period9904 | €9,476 | -€21,153 | €785 | -€1,815 | -€2,027 | ▼ 11.7% |
| Profit (loss) for the period to be appropriated9905 | €9,476 | -€21,153 | €785 | -€1,815 | -€2,027 | ▼ 11.7% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €529,482 | €364,345 | €288,757 | €265,885 | €225,640 | ▼ 15.1% |
| Fixed assets21/28 | €132,494 | €55,839 | €6,148 | €130,769 | €76,761 | ▼ 41.3% |
| Intangible fixed assets21 | €115,617 | €46,116 | €566 | - | €5,252 | - |
| Tangible fixed assets22/27 | €16,877 | €9,723 | €5,582 | €2,106 | €11,427 | ▲ 442% |
| Financial fixed assets28 | - | - | - | €128,662 | €60,082 | ▼ 53.3% |
| Current assets29/58 | €396,988 | €308,506 | €282,609 | €135,117 | €148,879 | ▲ 10.2% |
| Stocks and contracts in progress3 | €144,286 | €152,349 | €99,869 | €10,332 | - | - |
| Amounts receivable within one year40/41 | €169,347 | €112,775 | €129,014 | €100,059 | €96,342 | ▼ 3.7% |
| Cash at bank and in hand54/58 | €41,246 | €37,865 | €48,247 | €21,344 | €52,327 | ▲ 145% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €529,482 | €364,345 | €288,757 | €265,885 | €225,640 | ▼ 15.1% |
| Equity10/15 | €43,343 | €22,190 | €22,975 | €21,160 | €19,132 | ▼ 9.6% |
| Contributions10/11 | €82,500 | €82,500 | €82,500 | €82,500 | €82,500 | = |
| Reserves13 | €31,683 | €31,683 | €31,683 | €31,683 | €31,683 | = |
| Profit (loss) carried forward14 | -€70,840 | -€91,993 | -€91,208 | -€93,023 | -€95,051 | ▼ 2.2% |
| Amounts payable17/49 | €486,139 | €342,155 | €265,782 | €244,726 | €206,507 | ▼ 15.6% |
| Amounts payable after more than one year17 | €93,949 | €57,966 | €25,632 | €7,879 | €19,658 | ▲ 149% |
| Amounts payable within one year42/48 | €392,190 | €284,189 | €240,150 | €236,660 | €179,178 | ▼ 24.3% |
| Trade debts44 | €145,911 | €54,440 | €45,189 | €55,949 | €66,290 | ▲ 18.5% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,476 | -€21,153 | €785 | -€1,815 | -€2,027 | ▼ 11.7% |
| + Depreciation and write-downs630 | €82,174 | €76,655 | €52,780 | €5,736 | €11,184 | ▲ 95.0% |
| Operating cash flow (approximation) | €91,650 | €55,502 | €53,565 | €3,920 | €9,156 | ▲ 134% |
| Investment in fixed assets (approximation) | - | €0 | -€3,089 | -€130,356 | €42,824 | ▲ 133% |
| Change in cash | - | -€3,381 | €10,382 | -€26,903 | €30,983 | ▲ 215% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
25-07
KBO administration
Strikeout annulled
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
31-12
Financial
Back to profitnet €785
Net result €785 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
31-12
Financial
Weakest financial yearnet -€21,153
Net result drops to -€21,153, the lowest in the series.
01-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 62 days late
2013
02-10
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 63 days late
2012
26-09
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 57 days late
2011
08-11
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 100 days late
2010
16-10
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 77 days late
2009
14-11
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 106 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
1 ownerChain of control
- 2L PROJECT
- SIMARFI CONSULTING
- SIMARFI CONSULTING
Highest known parent: 2L PROJECT. The sources do not say who stands above it.
Owners 1
- SIMARFI CONSULTINGparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Company details
Identification
Legal formSC
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.